Hiroshi Watanabe/DigitalVision via Getty Images If we have learned anything from the past year’s market behavior, it is that very few predictions turn out to be helpful. The market goes up when you expect it to go down, and vice versa. But one thing is sure, eventually the market corrects, sometimes dramatically. When it does,…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China has moved to officially limit short selling after informal efforts failed to stop a worsening stock market sell-off. Investors who buy shares will not be allowed to lend them out for short selling within…
JHVEPhoto Thermo Fisher Scientific (NYSE:TMO) has revised their full-year revenue guidance, attributing the adjustment to a 1% core organic growth, primarily influenced by sluggish growth in China and the diminishing impact of COVID-related revenue. Their outlook for FY24’s core organic revenue growth mirrors the levels seen in FY23, indicating another year of modest expansion. In…
DNY59 Warren Buffett’s recent significant stock sales and massive cash pile, warnings from a plethora of billionaire business tycoons, leading economists, indications from prominent investors such as Elon Musk and “The Big Short” Michael Burry, a number of prominent market valuation and macroeconomic models – all these suggest the market is overvalued and the economy…
champc Where are we in the business cycle? Within my previous deep-dive on the state of the US economy, my overriding thesis was although economic resilience has been the theme of 2023, we were likely to see a slow but steady deterioration in hard economic data as we approached the end of 2023 and entered…
Thinkhubstudio Global manufacturing business conditions worsened for a fifteenth successive month in November, according to the latest JPMorgan Global Manufacturing Purchasing Managers’ Index™ (PMI™) compiled by S&P Global. The headline PMI – a composite index based on five survey variables – registered 49.3, up from 48.8 in October but remaining below the 50.0 no change…
ronniechua Introduction Those of you who follow me know I’m a big fan of Business Development Companies. They are great for income investors like me who plan to supplement their dividend income in retirement. BDCs are some of the best vehicles for income. But many investors choose to stay away from these as they are…
Jorge Aguado Martin Shares of Whirlpool (NYSE:WHR) plunged over 20% last week after releasing earnings on October 25th as the company lowered full year guidance with the latest results continuing to show weakness in a difficult economy. This latest plunge leaves Whirlpool trading at 6.4x forward P/E given management’s guidance of $16.00 for adjusted non-GAAP…
FinkAvenue Intel Corporation (NASDAQ:INTC) announces its Q3 2023 earnings post-market on October 26, 2023. In the last quarter, Intel exceeded expectations, despite a nearly 16% year-on-year drop in total revenue. Notably, the company managed to halt the quarter-over-quarter declines in two of its critical business segments, possibly indicating a potential stabilization for the chipmaker, which…
The company’s decision to distance itself from A&T Capital comes when the crypto industry is navigating its own set of challenges. Chinese fintech giant Ant Group is withdrawing its investment from A&T Capital. The crypto venture-focused company received $100 million from Ant Group to invest in offshore crypto ventures, Bloomberg reported Monday, citing people familiar…
SARINYAPINNGAM A Quick Take On EverQuote EverQuote, Inc. (NASDAQ:EVER) provides online consumer insurance shopping and lead generation for insurance carriers and agents. I previously wrote about EVER with a Buy outlook, before management’s surprise announcement it was exiting the health insurance business segment. Given materially declining revenue and management’s assumption of a “lower for longer”…
William_Potter I believe semiconductor stocks are likely to decline significantly over the coming quarters for several reasons, including a) I believe most semiconductor stocks are not likely to benefit significantly from the growth of artificial intelligence (“AI”), b) I expect most semiconductor stocks to report weak earnings, c) US-China trade war risks, d) recession risk…